State of Wayfair: Colorado, South Carolina Act After Delays (1)

March 14, 2019, 2:27 PMUpdated: March 14, 2019, 10:08 PM

OK, maybe we want legislation, after all.

Months after the Colorado Department of Revenue launched the state’s remote sales tax regime by rule, a state lawmaker introduced a bill (H.B. 1240) that would codify the requirements.

Colorado and more than 30 other states have moved to implement requirements that remote vendors collect and remit taxes on sales into their states following guidelines in the U.S. Supreme Court’s groundbreaking decision in South Dakota v. Wayfair. In the June 2018 ruling, the court tossed out its 1992 ruling in Quill Corp. v. North Dakota, which affirmed the physical ...

To read the full article log in.

Learn more about a Bloomberg Tax subscription.